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Back to episode — Episode 2555 CWSA 08/03/24

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s now. Oh, so good. So good. Well, here's an important story for people like me. Did you know that young women are eschewing high heels for clubbing? I have to say that it's been a while since I've been to a club. Let's say, when was the last time I went clubbing? It was never. So I've never been clubbing. But I understand that it was common for women to wear heels, and apparently now women going…

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whole new range of men, i.e., men who were not tall enough if they wore heels but if they don't wear heels, tall enough. So it's like men just gained three inches in height everywhere in the United States, young ones, because the young women are not wearing heels. And the big difference is whether they're taller than the woman, and that seems more important than how tall they are in general. They like them tall, women do, but they certainly have to be taller than the woman. That seems to be key criteria on the dating apps.

So get rid of those heels, ladies. Your mating opportunities have just gone up substantially.

You were probably aware of the stock market and the dump, but here's how you should look at this. Let me tell you one thing that I told a young investor months ago. I said the stock market is looking really good, right? Yeah, looking really good. You know, in the summer it always takes a dump. Now I think there may have been an exception like some weird years, but generally speaking, people like to sell what they have in the summer and go on vacation. Literally they don't want to look at their holdings, so anything that's sketchy they just sell it before they go on vacation. So you always get a fall in the summer. It might mean something and it might not.

It could be because of the unemployment. It could be because the Fed hasn't raised the interest rates. It could be something about the election. It could be something about AI got a little overrun. So there was no possibility that the market wouldn't go down at least 10%. Everyb

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ody who's experienced as an investor knows that, right? We were heading for a 10% correction minimum. I mean it could be more, but minimum 10%. So you're just seeing the expected 10% correction. Doesn't mean it'll stay there. I would expect that there's nowhere else to put your money. You don't want your money in cash. You can't put it all in Bitcoin because you're not quite sure that's the way t…

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